Prospects Newsletter

August 16, 2017
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Following on the heels of the two globe-spanning ransomware worms, the HBO hack—with its distinctive blackmail component—rounds out a summer of extortion-fueled hacks and destruction and theft of valuable data at an unprecedented scale.

WannaCry and Petya raced around the planet demanding ransoms after locking up servers at hundreds of organizations. The HBO hackers pilfered 1.5 terabytes of intellectual property and business...

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August 7, 2017
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If you work in Maine, Arizona, Texas or Alabama, you have a greater chance of malware encounters than in other states. Researchers with Malwarebytes found that geographic location matters when it comes to who gets targeted for malware attacks. These states have a higher rate of industries most often targeted for malware, including aerospace, automotive, health care, technology and oil and gas.

What’s more, geographic location...

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July 20, 2017
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What happened?

A new ransomware attack created computer chaos worldwide—though primarily in Europe —on June 27. The outbreak, dubbed both GoldenEye and Petya by researchers, is being compared to WannaCry. While antivirus firms and IT departments struggle to get the outbreak under control, there’s still some debate about how it works and how it spreads. But in some ways, the virus is even more powerful, and more nasty, than WannaCry.

The list of victims is...

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July 18, 2017
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The countdown has begun. In less than a year, tough new rules on data protection will come into effect for the European Union. For the first time, companies will be required to notify regulatory authorities, and potentially consumers, in the event of a significant cyber breach.

In elevating the rights of consumers, the EU General Data Protection Regulation (GDPR) represents a sea change in how companies will have to operate—and...

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July 16, 2017
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Hurricanes. Earthquakes. Wildfires. Mother Nature’s extraordinary powers of destruction leave survivors struggling to put their lives back together.

Many survivors are under tremendous stress and more vulnerable to fraud. Criminals know it. After a natural disaster strikes, there often is an uptick in disaster fraud, charitable solicitations fraud, price gouging and contractor and vendor fraud, according to...

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July 15, 2017
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Parenting a tween, teenager or older? Having a talk about cyber security should be near the top of your to-do list. The old advice of keeping the family computer in the living room to monitor your kids’ internet activity is pointless in the age of everywhere-you-go mobile devices.

Here are some do’s and don’ts to keep your child safe and help them make good digital decisions down the road. The lessons you impart now can protect...

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June 21, 2017
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Summer’s here and the time is right for getting hacked or worse, having the contents of your computer held hostage by ransomware. For a couple of carefree and extreme data-consuming months, kids everywhere will be doing whatever they want online even if you’ve tried to control them.

In other words, be very afraid.

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June 15, 2017
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Your policyholders may not even be aware that their networks are part of the Internet of Things. All it takes is adding any kind of smart device that connects to the internet, such as a baby monitor, TV, virtual assistant, thermostat, security camera or any type of appliance, to their home network. These devices add convenience to our lives—but they are also a convenient way for hackers to gain access to our networks and personal information.

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June 13, 2017
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More than ever, chief security officers are being held accountable for keeping their business safe. Phishing attacks, data breaches, ransomware and the ever-increasing access by employees to technology and data are driving this accountability. But there’s only so much that technology solutions can do to protect against threats.

What else should organizations do? It turns out that most breaches are the result of an employee...

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June 10, 2017
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Researchers agree—health care is now one of the top three targets for cyber attackers. No matter what type of health care facility you work in—a large research hospital, clinic, regional medical center, health insurance company, or a company that provides business or clinical services for health care—the data you work with is worth millions of dollars on the dark web. And attackers can hold a hospital hostage, almost instantly halt operations, and disrupt critical medical processes.

...

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